Rite Zone Chemcon NSE SME IPO Date, GMP, Allotment Status, Subscription Status Details in Hindi

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 Rite zone chemcon company is a leader in the business of construction chemicals . The IPO of this company will open on 31 October and close on 2 November. This will be an SME IPO and will be listed on the NSE SME Exchange on 11 November. The IPO price will be ₹75 per share and the lot size will be 1600 shares . 

Rite zone chemcon limited manufactures construction chemicals and concrete chemicals. The company has a wide range of construction chemicals, including waterproofing chemicals, concrete admixtures, industrial flooring, concrete repairs, and tile and block products.

Sulfonate Naphthalene Formaldehyde is a key raw material for this company's products. Rite Zone Chemcon has a large chemical manufacturing plant in Vapi, Gujarat. Whose manufacturing capacity is 20 tons of product in 2 hours.

Rite zone chemcon is working in Indian chemical industry since last seven years. Due to a long experience, it does the packaging of chemicals according to the prescribed standards. Non-standard packaging harms the quality and effectiveness of chemicals, so company products such as Rite Power CTE , Rite Bond Proof , Rite Pump Lube , Rite Cure CC , Rite Proof WHS and other chemicals are packaged in leak proof containers. Packed in, which do not affect the composition of the chemicals.

Rite zone chemcon ipo allotment status Skyline

Important information about Rite Zone Chemcon

Rite zone chemcon IPO  opening date31 October 2022
Rite zone chemcon IPO closing date02 November 2022
rite zone chemcon ipo share allotment date07 November 2022
Rite zone chemcon IPO refund issue date09 November 2022
Date of entry into share demat account10 November 2022
ipo listing date11 November 2022
IPO  Listing ExchangeNSE SME
ipo price₹75 per share
ipo lot size1600 shares
ipo face value₹10
NII (HNI) Reservation50%
RETAIL Reservation50%
DRPreports

Financial Information of  Rite Zone Chemcon (Figures in Lakhs)

FY 2020FY 2021FY 202230 September -2022
asset666.83677.871039.271240.92
revenue574.77384.21565.731036.34
profit after tax15.890.6926.2117.48
net worth62.5363.26502.36519.85
reserve and surplus61.5362.26198.86216.34
net lending258.12329.3106.2497.36

IPO Subscription  Status

31 October 202201 November 202202 November 2022
NII0.611.052.36
RETAIL0.962.487.10
TOTAL0.781.764.73
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